0001062993-23-013106.txt : 20230607
0001062993-23-013106.hdr.sgml : 20230607
20230607165558
ACCESSION NUMBER: 0001062993-23-013106
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230605
FILED AS OF DATE: 20230607
DATE AS OF CHANGE: 20230607
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: JOHNSON ROBERT L
CENTRAL INDEX KEY: 0001188283
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35169
FILM NUMBER: 23999653
MAIL ADDRESS:
STREET 1: C/O RLJ COMPANIES
STREET 2: 3 BETHESDA METRO CENTER, SUITE 1000
CITY: BETHESDA
STATE: MD
ZIP: 20814
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: RLJ Lodging Trust
CENTRAL INDEX KEY: 0001511337
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3 BETHESDA METRO CENTER
STREET 2: SUITE 1000
CITY: BETHESDA
STATE: MD
ZIP: 20814
BUSINESS PHONE: 301-280-7777
MAIL ADDRESS:
STREET 1: 3 BETHESDA METRO CENTER
STREET 2: SUITE 1000
CITY: BETHESDA
STATE: MD
ZIP: 20814
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0407
4
2023-06-05
0001511337
RLJ Lodging Trust
RLJ
0001188283
JOHNSON ROBERT L
C/O RLJ LODGING TRUST
3 BETHESDA METRO CENTER, SUITE 1000
BETHESDA
MD
20814
1
1
0
0
Executive Chairman
0
Common Shares
2023-06-05
4
A
0
22971
0
A
1373795
D
Common Shares
2023-06-05
4
F
0
5548
10.92
D
1368247
D
OP Units
Common Stock
335250
335250
D
These securities were issued to the reporting person pursuant to the RLJ Lodging Trust 2021 Equity Incentive Plan, which provides for the conversion of performance units to a number of restricted common shares based on the Issuer's performance over a designated three-year performance period. 50% of the restricted common shares vested on the date of issuance, with the remaining 50% vesting on February 28, 2024, provided the reporting person remains employed by the Issuer through the vesting date.
Reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of the restricted common shares described above.
"OP Units" represent limited partner interests of RLJ Lodging Trust, L.P., the operating partnership (the "OP") of the Issuer, of which the Issuer is the sole general partner. OP Units are redeemable beginning one year after the date of issuance for cash equal to the then current market value of one common share of the Issuer or, at the election of the Issuer, an equal number of common shares of the Issuer.
All of these OP Units are immediately redeemable (subject to certain limitations set forth in the agreement of limited partnership of the OP). OP Units have no expiration date.
/s/ Anita Cooke Wells, Attorney-in-Fact
2023-06-07